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Sunday, June 10, 2012

MENAFN Summary- Daily Business News

   
Middle East North Africa - Financial Network
 

Saudi- Tadawul investors raise their outlook
Saudi stocks have been jumping in the green territory yesterday, as a positive change in the general perception of the ...

Ousting Greece will not bring catharsis
How the eurozone handles Greece will determine whether the single currency survives �" and hence the future of ...

Dubai property sales soar 54pc as value rises 32pc
At propertyfinder.ae we recently revealed the results of an in-depth survey we conducted of a sample of the 3,000 ...

UAE banks stable: IMF
The UAE banking system does not show any signs of distress and the funding situation of local banks has ...

Saudi- SR 2.6 billion projects spur growth in 2 cities
Makkah Gov. Prince Khaled Al-Faisal yesterday concluded his inspection tour of Turba and Khorma and reviewed progress ...

Saudi- NATPET, US firm ink deal for polypropylene joint venture
The National Petrochemical Industrial Co. has signed a deal with a US company for a 50-50 joint venture to ...

Iran feels pain as oil revenues drop 39%
Belt tightening may be needed for Iran to withstand lower oil prices and exports after the EU sanctions take full ...

UAE- Al Safouh Tramway project 43% complete
Mattar Al Tayer, Chairman of the Board and Executive Director of the Roads & Transport Authority , has ...

UAE- Investors race for land to build schools
As the closure of villa schools draws near, the race to lease land by investors and build their own schools has ...

Saudi- Low-carbon clean technology taking root
Sultan Ahmed Al-Jaber, chief executive officer of Masdar, Abu Dhabi's multi-faceted renewable energy company, has ...

Electronic university: Modern education for all ages
It is a good thing that our country is now using modern technology in all fields. It is also good to pick up from ...

Saudi- Liberal trade policies can help tap new funds
Beshr Bakheet is the chairman of Bakheet Investment Group with a fully paid capital of SR 60 million. He ...

Tax cuts are no answer
The Obama campaign's attack ad about Bain Capital presented a simplistic picture of a complicated reality. ...

Saudi- Atlas Travel flies high to create new milestone
Atlas Travel, one of the oldest and most prominent travel agencies in the Eastern Province, recently celebrated its ...

Garbage treatment: Global cities face surging costs
The amount of rubbish generated by city dwellers is set to rise steeply in the next two decades, with much of the ...

UAE reinforces bid to host 2020 World Expo
A delegation led by Sheikh Ahmed bin Saeed Al Maktoum, president of the Dubai Civil Aviation Authority and chairman of ...

Key Saudi-German venture in Riyadh marks rapid growth
A major joint venture between the KSB of Germany and the Kingdom's Abunayyan Groups - KSB Pumps Arabia Ltd. - has ...

UAE- Two women jailed for human trafficking
Two women, including an Uzbek and a Turkmen were both sentenced to three years in prison on Sunday for forcing two ...

UAE- Two jailed for molesting student
Two Emirati men, both 20, including a jobless, were sentenced to six months in jail on Sunday by the Court of ...

Man accused of blackmailing ex-wife
A man allegedly threatened and blackmailed his former wife that he would circulate her personal and private photos ...

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